The Largest Bank in Mauritius is Expanding to Nigeria
Mauritius Commercial Bank (MCB) has disclosed plans to expand its operations to Africa's largest economy, Nigeria.This was revealed by MCB's Head of Corporate & Institutional Banking, Thierry Hebraud during the
WeWork Announces 1-for-40 Reverse Stock Split to Avoid Getting Kicked Off the New York Stock Exchange
Facing a tumultuous period marked by plummeting stock value and a recent admission of "substantial doubts" about its ongoing viability, WeWork has launched a strategic bid to rescue its listing
Bet365 Faces Probe in Australia for Compliance Issues
Australia's financial crime watchdog, the Australian Transaction Reports and Analysis Centre (Austrac), has initiated an investigation into the UK-based online gambling firm Bet365 concerning its adherence to anti-money laundering and
Nike Warns Trump-Era Tariffs Could Add $1 Billion to Operating Costs
Global sportswear giant Nike has warned that import tariffs introduced under U.S. President Donald Trump’s trade policies could inflate its operating costs by as much as $1 billion this year,
Boeing CEO Dave Calhoun to Depart Amid Safety Crisis
Boeing announces the departure of CEO Dave Calhoun at the end of the year amidst escalating concerns regarding the company's safety practices, marking a pivotal moment in the aerospace giant's
SVB Depositors, Investors Tried to Pull $42 Billion From Silicon Valley Bank
Investors and depositors tried to pull $42 billion from Silicon Valley Bank on Thursday in one of the biggest US bank runs in more than a decade, according to a
‘I Was Promised $10,000’ – Canadian Lady Arrested by NDLEA for Drug Trafficking at Lagos Airport
A 41-year-old Canadian woman, Adrienne Munju, has been arrested by the National Drug Law Enforcement Agency (NDLEA) at the Murtala Muhammed International Airport (MMIA) in Lagos for attempting to smuggle
Silver Price Hits All-Time High
Silver surged to a record level this week, climbing past $60 (£45.10) an ounce on the spot market for the first time, driven by expectations of a US interest rate
Tesla Commences Construction of Massive Battery Factory in Shanghai Amidst Rising Trade Tensions
Tesla has begun construction on a new battery manufacturing plant in Shanghai, signalling a significant expansion despite escalating trade tensions between the United States and China. The groundbreaking event on
LG Unveils 2024 OLED and QNED TVs with Enhanced AI Performance
LG Electronics Inc. has revealed its plans to launch the highly anticipated 2024 LG OLED TV and QNED (Quantum nano-emitting diode) TV models equipped with advanced artificial intelligence (AI) capabilities
Paramount Sweetens Hostile Bid for Warner Bros. Discovery With $40bn Personal Guarantee From Larry Ellison
Paramount has escalated its hostile takeover attempt of Warner Bros. Discovery (WBD) by announcing that Oracle founder Larry Ellison will personally guarantee the full equity portion of the proposed deal,
Ford Recalls More Than 230,000 Explorers for Rollaway Risk
Ford has issued a recall for specific models of the 2020-2022 Explorer due to concerns related to a potential rollaway risk when the parking brake is not engaged. According to
Nvidia Secures Major AI Chip Deals With South Korean Tech Giants
US semiconductor powerhouse Nvidia has announced a series of major partnerships with South Korea’s government and leading corporations, including Samsung, LG, Hyundai, and several others, to supply over 260,000 advanced
GM’s Cruise to Launch Robotaxis on Uber Platform Starting Next Year
Cruise, the autonomous vehicle subsidiary backed by General Motors, has announced a new partnership with Uber to offer robotaxis on the ride-hailing platform beginning next year. This collaboration marks a
Coca-Cola to Launch Cane Sugar Coke in the U.S. Following Trump Endorsement
Coca-Cola has confirmed it will release a new version of its iconic soft drink sweetened with U.S.-grown cane sugar, marking a notable shift in its American product lineup long dominated
India’s Lightning-Fast Delivery Boom Faces a Moment of Truth
For years, India’s urban streets have been ruled by a new kind of commuter - young men weaving through traffic on motorcycles, oversized delivery bags strapped to their backs, racing
Pepsi Fans Shocked to Discover the Drink’s Original Name
Whether you're a staunch Coke enthusiast or typically avoid soft drinks, Pepsi's iconic red, white, and blue logo is universally recognizable. However, fans of Pepsi are now questioning if the
Amazon Raises Wages and Offers Free Prime to Workers
Seattle, Washington – Amazon has announced significant changes to its benefits package for US warehouse and transportation workers. In addition to increasing wages by at least $1.50 per hour, the
Former Shell Boss Ben Van Beurden’s Pay Package Jumps to £9.7m
Former Shell boss Ben van Beurden received a pay package of £9.7m last year, up more than 50% from 2021. As reported on BBC, his pay was revealed in the
adidas Revives The “Island Series” With The Trinidad & Tobago
adidas Originals is bringing back a standout from its “Island Series” for Summer 2025. The adidas Trinidad & Tobago sneaker, last released in 2015, returns in the same striking orange
